세계의 오프로드 차량 시장 보고서(2023년)

“Off-Road Vehicle Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on off-road vehicle market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
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• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for off-road vehicle ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The off-road vehicle market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Product Type: Utility Vehicle; Sports Vehicle; Other Product Types

• 2) By Fuel: Diesel; Gasoline; Electric

• 3) By Displacement: Less Than 400 (Cc); 400 To 800 (Cc); More Than 800 (Cc)

• 4) By End User Vertical: Agriculture; Military; Sports; Other End User Verticals

• Companies Mentioned: BRP Inc; CFMoto; Mahindra & Mahindra Limited; Honda Motor Co. Ltd.; Kawasaki Heavy Industries Ltd.

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the off-road vehicle market are BRP Inc., CFMoto, Mahindra & Mahindra Limited, Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., KUBOTA Corporation, Deere & Company, Polaris Inc., Textron Inc., Yamaha Motor Co Ltd., Suzuki Motors Corporation, Massimo Motor Sports LLC, KTM AG, Caterpillar, and TOMCAR Inc.

The global off-road vehicle market is expected to grow from $14.99 billion in 2022 to $16.18 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The off-road vehicle market is expected to reach $21.06 billion in 2027 at a CAGR of 6.8%.

The off-road vehicle market consists of sales of off-road vehicles including low-pressure tire vehicles, amphibious machines, ground effect air cushion vehicles, all-terrain vehicles (ATVs), and recreational off-highway vehicles. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

An off-road vehicle is a vehicle that is built to travel across rugged terrain. These vehicles can drive on and off paved or gravel surfaces. It is distinguished by enormous tyres with deep, open treads, and flexible suspension.

North America was the largest region in the off-road vehicle market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the off-road vehicle report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main product types of off-road vehicles include utility vehicles, sports vehicles and others. A utility vehicle refers to a vehicle that is designed for traveling over rough ground. They are powered by different types of fuel such as diesel, gasoline and electric that have various displacements including less than 400 (cc), 400 to 800 (cc), and more than 800 (cc). It is used in agriculture, military and others.

Growth in the trend of recreational activities and adventure sports is expected to propel the growth of the off-road vehicle market going forward. Recreation refers to all activities that individuals do to rejuvenate their bodies and minds and make their free time more exciting and enjoyable. Adventure sports or extreme sports refer to sports that are operated on land, in the water, or in the air and involve a significant level of risk. Off-road vehicles are used for recreational activities and adventure sports, which is boosting its demand. For instance, in November 2021, according to an article published by the Bureau of Economic Analysis (BEA), a US-based government agency that provides official macroeconomic and business industry statistics, traditional outdoor recreation accounted for 37.4% of US outdoor recreation value-added in 2020, up from 30.6% in 2019. According to new data from the United States, the outdoor recreation economy accounted for 1.8% ($374.3 billion) of the country's current-dollar gross domestic product (GDP) in 2020. Therefore, the trend of recreational activities and adventure sports is driving the growth of the off-road vehicle market.

Technological advancement is a key trend in the off-road vehicle market. Major companies operating in the market are developing multi-purpose vehicles with seamless connectivity and other innovative technologies to sustain their position. For instance, in August 2022, Yamaha Motor Corp, a Japan-based manufacturer of motorcycles and other motorized products, launched its 2023 Proven Off-Road ATV/UTV and Side-by-Side Lineup. This includes the 2023 Pure-Sport SxS Lineup, YXZ1000R SS, and YXZ1000R with Yamaha's Sport Shift (SS) technology with steering column-mounted aluminum paddles that enable drivers to change quickly. The unique features of the 2023 YXZ1000R versions are designed to handle a range of terrain, from vast deserts and dunes to muddy trails and tough, rocky terrain. The YXZ has an industry-first 998-cc triple-cylinder engine from Yamaha and a sequential five-speed manual transmission with either an auto-clutch or clutch pedal for the most direct-connection experience in a SxS.

In September 2022, Mullen Technologies, Inc., a US-based automotive and electric vehicle manufacturer acquired Bollinger Motor for $148.2 million. Through this acquisition, Mullen gained Bollinger-designed medium-duty and sport utility trucks which would add to its inventory. Additionally, Bollinger Motors will be able to capture the electric sport utility and commercial vehicle markets. Bollinger Motor is a US-based automobile company that manufactures off-road electric trucks.

The countries covered in the off-road vehicle market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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Table of Contents

1. Executive Summary

2. Off-Road Vehicle Market Characteristics

3. Off-Road Vehicle Market Trends And Strategies

4. Off-Road Vehicle Market - Macro Economic Scenario

• 4.1. COVID-19 Impact On Off-Road Vehicle Market
• 4.2. Ukraine-Russia War Impact On Off-Road Vehicle Market
• 4.3. Impact Of High Inflation On Off-Road Vehicle Market

5. Off-Road Vehicle Market Size And Growth

• 5.1. Global Off-Road Vehicle Historic Market, 2017-2022, $ Billion
  • 5.1.1. Drivers Of The Market
  • 5.1.2. Restraints On The Market
• 5.2. Global Off-Road Vehicle Forecast Market, 2022-2027F, 2032F, $ Billion
  • 5.2.1. Drivers Of The Market
  • 5.2.2. Restraints On the Market

6. Off-Road Vehicle Market Segmentation

• 6.1. Global Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• Utility Vehicle
• Sports Vehicle
• Other Product Type
• 6.2. Global Off-Road Vehicle Market, Segmentation By Fuel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• Diesel
• Gasoline
• Electric
• 6.3. Global Off-Road Vehicle Market, Segmentation By Displacement, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• Less Than 400 (Cc)

400 To 800 (Cc)

• More Than 800 (Cc)
• 6.4. Global Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• Agriculture
• Military
• Sports
• Other End User Vertical

7. Off-Road Vehicle Market Regional And Country Analysis

• 7.1. Global Off-Road Vehicle Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 7.2. Global Off-Road Vehicle Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Off-Road Vehicle Market

• 8.1. Asia-Pacific Off-Road Vehicle Market Overview
• Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
• 8.2. Asia-Pacific Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 8.3. Asia-Pacific Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Off-Road Vehicle Market

• 9.1. China Off-Road Vehicle Market Overview
• 9.2. China Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
• 9.3. China Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Off-Road Vehicle Market

• 10.1. India Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 10.2. India Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Off-Road Vehicle Market

• 11.1. Japan Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 11.2. Japan Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Off-Road Vehicle Market

• 12.1. Australia Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 12.2. Australia Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Off-Road Vehicle Market

• 13.1. Indonesia Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 13.2. Indonesia Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Off-Road Vehicle Market

• 14.1. South Korea Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 14.2. South Korea Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Off-Road Vehicle Market

• 15.1. Western Europe Off-Road Vehicle Market Overview
• 15.2. Western Europe Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 15.3. Western Europe Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Off-Road Vehicle Market

• 16.1. UK Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 16.2. UK Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Off-Road Vehicle Market

• 17.1. Germany Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 17.2. Germany Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Off-Road Vehicle Market

• 18.1. France Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 18.2. France Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Off-Road Vehicle Market

• 19.1. Eastern Europe Off-Road Vehicle Market Overview
• 19.2. Eastern Europe Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 19.3. Eastern Europe Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Off-Road Vehicle Market

• 20.1. Russia Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 20.2. Russia Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Off-Road Vehicle Market

• 21.1. North America Off-Road Vehicle Market Overview
• 21.2. North America Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 21.3. North America Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Off-Road Vehicle Market

• 22.1. USA Off-Road Vehicle Market Overview
• 22.2. USA Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 22.3. USA Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Off-Road Vehicle Market

• 23.1. South America Off-Road Vehicle Market Overview
• 23.2. South America Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 23.3. South America Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Off-Road Vehicle Market

• 24.1. Brazil Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 24.2. Brazil Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Off-Road Vehicle Market

• 25.1. Middle East Off-Road Vehicle Market Overview
• 25.2. Middle East Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 25.3. Middle East Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Off-Road Vehicle Market

• 26.1. Africa Off-Road Vehicle Market Overview
• 26.2. Africa Off-Road Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
• 26.3. Africa Off-Road Vehicle Market, Segmentation By End User Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Off-Road Vehicle Market Competitive Landscape And Company Profiles

• 27.1. Off-Road Vehicle Market Competitive Landscape
• 27.2. Off-Road Vehicle Market Company Profiles
  • 27.2.1. BRP Inc
    • 27.2.1.1. Overview
    • 27.2.1.2. Products and Services
    • 27.2.1.3. Strategy
    • 27.2.1.4. Financial Performance
  • 27.2.2. CFMoto
    • 27.2.2.1. Overview
    • 27.2.2.2. Products and Services
    • 27.2.2.3. Strategy
    • 27.2.2.4. Financial Performance
  • 27.2.3. Mahindra & Mahindra Limited
    • 27.2.3.1. Overview
    • 27.2.3.2. Products and Services
    • 27.2.3.3. Strategy
    • 27.2.3.4. Financial Performance
  • 27.2.4. Honda Motor Co. Ltd.
    • 27.2.4.1. Overview
    • 27.2.4.2. Products and Services
    • 27.2.4.3. Strategy
    • 27.2.4.4. Financial Performance
  • 27.2.5. Kawasaki Heavy Industries Ltd.
    • 27.2.5.1. Overview
    • 27.2.5.2. Products and Services
    • 27.2.5.3. Strategy
    • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Off-Road Vehicle Market

29. Off-Road Vehicle Market Future Outlook and Potential Analysis

30. Appendix

• 30.1. Abbreviations
• 30.2. Currencies
• 30.3. Historic And Forecast Inflation Rates
• 30.4. Research Inquiries
• 30.5. The Business Research Company
• 30.6. Copyright And Disclaimer